Projects

Dana Petroleum starts seismic data acquisition offshore Cameroon

1st exploration well is planned for 2015/ 2016.

Dana Petroleum
23/01/2014 18:56
Visualizações: 1217 (0) (0) (0) (0)

 

Dana Petroleum has started full 2D seismic operations in Bakassi West, 18 months after signing a Production Sharing Contract (PSC) for the block with the Government of Cameroon.
Bakassi West is situated in the Rio Del Rey Basin in the South West Region of Cameroon, adjoining the border with Nigeria, on the eastern margin of the Niger Delta. It covers an area of almost 390 km2. Around 350km of 2D seismic will be acquired over the next six months and the first exploration well is planned for late 2015 or early 2016.
John Downey, Dana’s Managing Director, Africa said: “Dana’s teams in both Aberdeen and Douala, its environmental advisor CIME, the seismic contractor BGP, Société Nationale des Hydrocarbures (SNH) and the BIR – a part of the Cameroonian security forces – have worked extremely hard to get this project to the seismic acquisition stage, which I’m very pleased to say is now underway. Our seismic base camps at Issobo are now fully operational thanks to the hard work and co-operation of all involved. We now have a workforce of over 400 people in Issobo, of which about 360 are Cameroonian nationals.”
Co-venturers in the Bakassi West PSC are Dana Petroleum Cameroon Ltd (55% and Operator), Madison Cameroon Oil and Gas Limited (35%) and SoftRock Oil and Gas Limited (10%).

Dana Petroleum has started full 2D seismic operations in Bakassi West, 18 months after signing a Production Sharing Contract (PSC) for the block with the Government of Cameroon.


Bakassi West is situated in the Rio Del Rey Basin in the South West Region of Cameroon, adjoining the border with Nigeria, on the eastern margin of the Niger Delta. It covers an area of almost 390 km2. Around 350km of 2D seismic will be acquired over the next six months and the first exploration well is planned for late 2015 or early 2016.


John Downey, Dana’s Managing Director, Africa said: “Dana’s teams in both Aberdeen and Douala, its environmental advisor CIME, the seismic contractor BGP, Société Nationale des Hydrocarbures (SNH) and the BIR – a part of the Cameroonian security forces – have worked extremely hard to get this project to the seismic acquisition stage, which I’m very pleased to say is now underway. Our seismic base camps at Issobo are now fully operational thanks to the hard work and co-operation of all involved. We now have a workforce of over 400 people in Issobo, of which about 360 are Cameroonian nationals.”


Co-venturers in the Bakassi West PSC are Dana Petroleum Cameroon Ltd (55% and Operator), Madison Cameroon Oil and Gas Limited (35%) and SoftRock Oil and Gas Limited (10%).

Most Read Today
see see
Business
SBM Offshore signs US$400 million Sale and Leaseback agr...
09/04/25
Vitória Petroshow 2025
Vitória PetroShow 2025 reinforces Espírito Santo’s leade...
08/04/25
Vitória Petroshow 2025
Exploration of New Blocks Could Triple Reserves and Doub...
08/04/25
Event
Espírito Santo Unveils New Yearbook Highlighting the Fut...
08/04/25
Vitória Petroshow 2025
Entrepreneurship and Energy Sector Leaders Invite You to...
07/04/25
Vitória Petroshow 2025
Márcio Felix Highlights the Strategic Importance of Vitó...
07/04/25
Vitória Petroshow 2025
Vitória Petroshow highlights Espírito Santo as a nationa...
07/04/25
OTC Houston 2025
OTC Recognizes 2025 Spotlight on New Technology® Award W...
04/04/25
Agreement
Petrobras and Braskem Sign Agreement for Carbon Capture ...
04/04/25
Energy Transition
Oil and Gas Sector Reinforces Its Commitment to Energy T...
04/04/25
Onshore
Oil and gas production in onshore fields is expected to ...
03/04/25
ANP
Proven oil reserves in Brazil increased by 5.92% in 2024.
03/04/25
E&P
Investments in exploration could reach up to US$ 2.3 bil...
03/04/25
International
Sebrae Rio: Registrations for the Technical Mission to O...
02/04/25
Company News
Global Reach Inspires OMMICA to Significant Sales Increase
31/03/25
Local Content
The National Agency of Petroleum, Natural Gas, and Biofu...
28/03/25
Pernambuco
RNEST Increases Processing Capacity with Completion of T...
28/03/25
Equatorial Margin
Petrobras Contributes to the Expansion of Brazil’s Conti...
28/03/25
iBEM25
Engineering Students Adapt Vehicle for Renewable Energy ...
28/03/25
iBEM25
Closing of iBEM 25: A Milestone in Latin America's Energ...
28/03/25
iBEM25
iBEM 25: Conference Addresses Challenges of Recycling Ma...
27/03/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.